The amounts that two partners invested in a new business are given below. If the partners share the profits in the same ratio as
their investment, what is partner B's share in a $3600 profit?
Partner A $4300 Partner B $7700
1 answer:
The total amount of investment = 4300 + 7700 = $12,000
Now, the percentage of share of partner B can be calculated as follows:
% of share of B = (7700/12000) x 100 = 64.1667%
Therefore, for a profit of $3600, partner B will get:
0.641667 x 3600 = $2310
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